Latvian forestry company still restoring systems weeks after ransomware attack

A cyberattack was carried out against Latvijas Valsts Mezi, a state-owned forestry company in Latvia, by a financially motivated group from outside the country. The attack was attributed to this foreign group, according to officials. The company is still in the process of restoring its systems weeks after the incident occurred. The attack is described as ransomware. Officials have identified the motivation behind the attack as financial.